Yingxi Yu
Yingxi Yu
broader further likely prices remain rule volatile weakness
We will not rule out the possibility of further weakness and prices are likely to remain volatile in a broader range.
ahead conditions expect holiday market mood price remain spark thin though trading weekend
We expect the market to remain in consolidation mood for now, though thin trading conditions ahead of the long holiday weekend could well spark big price movements.
action elevated impressive price prices remain strong suggest technical trends various
The strong price action and impressive technical trends in various currencies suggest prices should remain elevated in 2006.
buying deficit driven expected looking past platinum prices six
Prices are being driven up by hedge funds, which are buying platinum because its fundamentals are looking good. Platinum has been in deficit for the past six years, and it's expected it will be in deficit this year.
decide demand driven evidence exit funds good lower physical prices primarily seen vulnerable
We have not seen evidence of good physical demand at lower levels. Prices have been primarily driven by funds and, therefore, are vulnerable to sell-offs, should funds decide to exit the market.
continue depend largely price short term trends
Short term price trends will continue to largely depend on gold.
bring factors near positive prices top
We see some positive factors that could potentially bring prices near the top of this range.
base believe built either fund interest investors leaving moves price silver vulnerable
We believe that the fund interest in silver is built upon a much narrower base of investors than gold, leaving it more vulnerable to big price moves in either direction.
buying explain investors price reasons trying
A lot of investors are just buying because the price is going up, then trying to find reasons to explain it.
aggressive dip fund further looking people positive price quite remains selling sentiment strong supported
Any price dip has been quite well supported by fund buying, and aggressive selling has been discouraged. The positive sentiment remains very strong and people are looking for further price gains.
among community drive due early enthusiasm last late prices weaker year
The weaker (gold-dollar) correlation late last year and early this year was due to the overwhelming enthusiasm among the speculative community to drive prices higher.
amount buying current environment fund interests price supportive
I think the current environment is very supportive for gold. There is still a considerable amount of fund buying interests on price dips.
backed bank buying central continue determined dollar dynamics economic gold hopes largely led myriad next physical price scale soaring year
Price dynamics in gold next year will continue to be largely determined by speculative interest, backed by a myriad of justifications like inflationary risks, energy-price led economic slowdown, expectations of a US dollar correction, soaring physical demand, supply-side constraints, hopes of large scale central bank buying and so on.
again few given high likely market past prices testing trading
Given the way the market has been trading over the past few days, we are very likely to see prices testing another 25-year high again this week.